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LAGNAM SPINTEX
PB (Price/Book ) Ratio

The Current P/B Ratio of LAGNAM SPINTEX is 1.95.

Share Price ₹119.9Dec 24,2024
Market Cap ₹212.2 Cr
Book Value₹109.0 CrMar2024 - Standalone Results
Price/Book 1.95xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of LAGNAM SPINTEX

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of LAGNAM SPINTEX is calculated as :

Current Market Cap [ ₹212.2 Cr] as on Dec 24,2024

(/) Book Value [ ₹109.0 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 1.95x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for LAGNAM SPINTEX , the investors are currently willing to pay '1.95 times book value' to own 1 share of the company.

PB Multiples are one of the most widely used valuation multiple in industry.

Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.

In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of LAGNAM SPINTEX !

The chart below summarizes the trend in P/B Ratio of LAGNAM SPINTEX over the last five years.

Historical PB (Price/Book ) ratio chart of LAGNAM SPINTEX


PB Ratio Performance Analysis for LAGNAM SPINTEX

- LAGNAM SPINTEX 's latest p/b ratio is 1.95x.

- LAGNAM SPINTEX 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.06x.

- LAGNAM SPINTEX 's operated at median p/b ratio of 0.93x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, LAGNAM SPINTEX 's p/b ratio peaked in Mar2024 at 1.87x.

- LAGNAM SPINTEX 's p/b ratio hit its five-year low in Mar2020 of 0.25x.


How does LAGNAM SPINTEX 's P/B Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Book ValuePB RatioMarket Cap
LAGNAM SPINTEX 108.951.95212.2
PAGE INDUSTRIES LTD1,596.9334.1154,464.6
KPR MILL LTD4,358.238.2535,972.5
VEDANT FASHIONS LTD1,593.5219.1830,568.1
SWAN ENERGY LTD6,278.893.6422,869.8
WELSPUN LIVING LTD4,508.873.3915,264.9
ALOK INDUSTRIES LTD-19,775.90-0.5410,774.6
VARDHMAN TEXTILES LTD9,100.131.6815,332.0
ARVIND LTD3,540.193.0110,639.6
GARWARE TECHNICAL FIBRES LTD1,233.866.878,475.4
JINDAL WORLDWIDE LTD719.0711.488,253.4

Textile Industry Benchmark (Top 10) PB Analysis vs LAGNAM SPINTEX 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -0.54x
Max industry PB 34.11x
Median industry PB 3.64x
Average industry PB 8.46x



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